Cognizant Technology Solutions Corp
Accenture’s Revenue Growth Gets a Boost in 2020
Accenture (NYSE:ACN) stock rose about 8% on Thursday following its results for the third quarter of fiscal 2020. The company posted better-than-expected results.
Can Accenture Stock Rise after Its Q2 Earnings Release?
On March 18, Accenture (NYSE:ACN) stock fell 4.2% and closed at $151.15. Based on the last closing price, the company has a market cap of $99.3 billion.
Why Has Infosys Stock Fallen 14% Today?
Infosys (INFY) shares have fallen 14% today. The pullback means that the company has risen 3.8% year-to-date. The stock has traded flat in the last 12 months.
A Look at Accenture’s Latest Returns and Valuation
Accenture has made a strong comeback this year after losing over 10.0% of its market value in 2018.
Is Cognizant Stock an Attractive Buy at Its Current Price?
Shares of software services company Cognizant Technology (CTSH) have fallen close to 22.0% in the last 12 months.
Cognizant Stock Fell Over 11% on May 3
Cognizant (CTSH) fell 11% on May 3 to close trading at $59.25.
Cognizant Stock Fell after Weak Outlook and Earnings Miss
Cognizant (CTSH) stock fell 7.7% on May 2 to close trading at $66.61.
Accenture Bets on Acquisitions to Secure Its Future
Accenture’s revenue increased 7.0% YoY to $10.6 billion in the first quarter of fiscal 2019.
IBM’s Consulting Unit Drives Growth in Its Services Business
IBM’s (IBM) Global Business Services segment comprises its Consulting, Global Process Services, and Application Management sub-segments.
Accenture Stock Maintains Strong Growth
Accenture (ACN) has risen 3.8% in the last month, whereas in the last year, the stock’s price has soared 32.7%.
Cognizant Reported Its 1Q18 Results on May 7
Cognizant Technology Solutions reported its 1Q18 results on May 7, and its stock fell more than 5.2% on the day.
A Look at Cognizant’s Historical Stock Returns
Cognizant Technology Solutions (CTSH) stock has returned 35% in the last 12 months, 2% in the last month, and was flat in the last five days.
What Cognizant Expects for 1Q18 and Fiscal 2018
Cognizant Technology Solutions (CTSH) expects revenue to come in between $3.88 billion and $3.92 billion in 1Q18.
Cognizant Expects Digital Transformation to Drive Revenue
Cognizant aims to build a strong position in the digital industrial economy.
Analysts Expect Cognizant’s Revenue to Rise in Fiscal 2018
Analysts expect Cognizant’s EBITDA to rise 5.2% in fiscal 2018, 15% in fiscal 2019, and 11% in fiscal 2020.
What Technical Indicators Indicate for VMware Stock
On March 22, 2018, VMware’s last trading price was $122.10. The stock was trading 2.0% below its 20-day moving average of $125.00.
How Much Is Cognizant Stock Expected to Rise in 12 Months?
US-based (SPY) Cognizant Solutions (CTSH) stock has generated returns of 29% in the trailing-12-month period, 10% in the trailing-one-month period, and 0.5% in the trailing-five-day period.
A Look at Cognizant’s Focus on Digital Transformation
To lead the global digital transformation effort, Cognizant (CTSH) is providing solutions to transform businesses’ operating and technology models.
How Has Cognizant Stock Performed since Its 3Q17 Results?
Shares of information technology company Cognizant (CTSH) have risen over 5% since it announced its 3Q17 results in November 2017.
Will Cognizant Beat Analysts’ Estimates in 4Q17?
Cognizant (CTSH) plans to announce its 4Q17 results on February 7, 2018. Analysts expect Cognizant to post revenue of $3.8 billion.
What’s IBM’s Value Proposition in the IT Consulting Space?
On January 26, 2018, International Business Machines (IBM) with a market cap of approximately $155 billion continued to be the largest player by market capitalization in the IT consulting space.
Is IBM Ready to Take Off?
International Business Machines (IBM), a leading enterprise solutions provider, has seen its revenue decline consistently for the past 22 quarters.
Long-Term Growth Drivers for NetApp
In the previous part of this series, we saw that NetApp’s (NTAP) revenue in fiscal 2Q18 rose YoY (year-over-year), driven by a robust product portfolio and strong demand for storage solutions.
Understanding IBM’s Value Proposition in the IT Consulting Space
IBM was trading at a forward EV-to-EBITDA multiple of ~9.25x on November 11, 2017.
Could Cognizant’s Revenues Keep Rising in Fiscal 2017 and Beyond?
Analysts expect Cognizant’s (CTSH) revenues to rise 9.7% YoY to $14.8 billion in fiscal 2017, compared with its revenues of $13.5 billion in fiscal 2016.
Could IBM’s iX Get a Boost from Vivant Digital’s Buyout?
Before Vivant Digital, IBM made several acquisitions in 2016 to boost its iX business. IBM acquired Ecx.io, Aperto, Resource/Ammirati, Bluewolf Group, and Expert Personal Shopper.
Why Cognizant and Pivotal Extended Their Partnership
In May 2017, Cognizant Technology Solutions (CTSH) announced a new partnership with Pivotal, which may accelerate the adoption of cloud applications.
How Analysts View Cognizant in July 2017
In the trailing 12-month period, Cognizant Technology Solutions (CTSH) stock has risen 24.4%. In the last month, it has risen 4.8%.
What Analysts Expect from Cognizant in 2Q17
On August 3, 2017, Cognizant Technology Solutions (CTSH) will announce its 2Q17 results. Analysts expect Cognizant to post revenue of $3.66 billion.
Chart in Focus: Accenture’s Stock Trends in July 2017
Of the 28 analysts covering Accenture, 16 gave it a “buy” recommendation, one recommended a “sell,” and 11 recommended a “hold.”
Accenture Targeting Inorganic Growth to Drive Revenues
In June 2017, Accenture (ACN) announced the acquisition of SolutionsIQ for an undisclosed amount. SolutionsIQ provides agile transformation solutions for enterprises.
What Technical Indicators Say about VMware Stock
On April 20, 2017, VMware’s stock had risen ~77.5% in the trailing-12-month period. In the trailing-one-month period, it had risen ~3.4%.
Why Salesforce Has Caught Activist Investors’ Interest
Activist hedge funds’ stake in Salesforce Earlier in this series, we discussed factors that will work in Salesforce’s (CRM) favor in 2017. It is seeking to double its revenue to $20 billion by 2021–2022. According to Bloomberg, hedge fund and activist investors, namely Corvex Management, Jana Partners, and Sachem Head Capital, had taken a stake in […]
Why Elliott Management Wants Cognizant to Increase Its Shareholder Value
Cognizant’s annual revenues of $13 billion, with its annual cash flow of $1 billion and balance sheet of $4 billion, should help with shareholder returns.
Understanding Cognizant’s Value Proposition in the IT Consulting Space
On November 30, IBM was the largest player by market capitalization in this space, followed by Accenture. Cognizant (CTSH), Infosys, Wipro, and Teradata.
Will Cognizant Benefit from Elliott Management’s Intervention?
Elliott management’s high stake and recent stimulus to Cognizant’s (CTSH) stock is part of a plan to push the stock to $80–$90 per share by the end of 2017.
Why Cognizant Acquired Mirabeau
Agreeing straight away to Elliott Management’s “suggestion,” Cognizant (CTSH) announced the acquisition of Mirabeau on November 29, 2016.
How Trump’s Win Will Impact Cognizant
Elliott Management’s ownership in Cognizant drove the recent 10% rise in the latter’s stock. But the stock has actually fallen 7% on a YTD basis.
Why Did Cognizant’s Stock Rise so Much on November 28?
On November 28, 2016, Cognizant stock saw a double-digit surge. Here’s what happened.
Can Cognizant Maintain Its Revenue Growth in Fiscal 2016?
In fiscal 2015, Cognizant’s (CTSH) Financial Services segment accounted for 40.3% of total revenue, followed by 29.5% for the Healthcare business and 18.9% for Manufacturing.
Why Did Everest Group Name Cognizant as a Leader in Digital Services?
In early October 2016, Everest Group named Cognizant (CTSH) as a “Leader” and “Star Performer” in the Digital Services business segment.
Where Is Accenture Trading Compared to Moving Averages?
Accenture (ACN) generated investor returns of 22.9% in the trailing-12-month period and 5.6% in the trailing-one-month period.
How Did Accenture’s Business Segments Perform in Fiscal 4Q16?
Accenture’s (ACN) revenue rose 8% YoY (year-over-year) in fiscal 4Q16, which represents the firm’s tenth consecutive quarter of strong revenue growth.
How Did Accenture Perform in Fiscal 4Q16?
On September 29, Accenture reported fiscal 4Q16 revenue of $8.5 billion. Revenue rose 8% YoY in fiscal 4Q16 and 9% YoY on a constant currency basis.
What Are Cognizant’s Other Strategic Initiatives?
Cognizant’s (CTSH) second strategic initiative is to improve productivity and effectiveness in core transaction processes of enterprises.
Why Is Cognizant Building Front End Capabilities for Clients?
According to technology (QQQ) firm Cognizant (CTSH), digital transformation is a key driver for demand and creates new areas of growth through innovation and differentiation.
Why Did Cognizant Revise Its Full-Year Guidance for 2016?
Although Cognizant is quickly becoming a major player through a series of acquisitions in the digital transformation space, it faces competition from technology (QQQ) heavyweights like Microsoft.
Tracking MAPTX’s Portfolio Moves in 2016
MAPTX’s was managing assets worth $6.7 billion in May 2016, making it the largest fund under review in terms of asset size.
What Portfolio Moves Has GSAGX Made Year-to-Date in 2016?
GSAGX aims to invest 80% of its net assets in “a diversified portfolio of equity investments in Asian issuers (excluding Japanese issuers).”
How Has Fidelity Pacific Basin Fund’s Portfolio Changed in 2016?
The Fidelity Pacific Basin Fund invests 80% of its assets in stocks and bonds issued by companies located in the Pacific Basin.
How Do Analysts View Computer Science Corporation?
Of the 15 analysts covering Computer Science Corporation’s (CSC) stock, four have given it a “buy” recommendation and 11 have given it a “hold” recommendation.
Why the BPS Business Segment Is Important to CSC
CSC’s fiscal 4Q16 revenues fell by 5.4% YoY to $1.8 billion. On a constant currency basis, revenues fell by 2.4% YoY in fiscal 4Q16.
How Have Akamai’s Other Business Segments Performed?
Akamai is developing new services for its customers, as its competitors are now capable of providing content delivery network services at similar prices.
Infosys’s Financial Services Business Took the Lead in Revenues
Revenues from the financial services segment of the India-based (EPI) (INDA) Infosys (INFY) were $2.6 billion in fiscal 2016.
The Fidelity Pacific Basin Fund Shows Superlative Metrics
From a purely net asset value return standpoint, the Fidelity Pacific Basin Fund (FPBFX) was among the top three funds in its peer group in the one-year period ending March 31, 2016, as well as in 1Q16.
Helpful Facts about MAPTX
MAPTX has been in existence since September 1994 and has an expense ratio of 1.1%. A minimum of $2,500 is required to invest in this fund.
GSAGX Had Superb Year Leading up to February 2016
GSAGX is invested in the stocks of companies such as Alibaba Group, Cognizant Technology Solutions, Ctrip.com, and Advanced Semiconductor Engineering.
A Quick Look at GSAGX
GSAGX hasn’t provided sector-level breakdowns. China was its biggest invested geography, making up 37.9% of the fund’s assets.
Should You Consider Investing in MAPTX?
MAPTX is invested in the stocks of companies such as Baidu, Lenovo Group, Yum! Brands, Cognizant Technology Solutions, and HDFC Bank.
Apple to Open Its First Technology Development Facility in India
Apple (AAPL) is set to open its first technology development facility in India’s (EPI) IT (information technology) corridor of Hyderabad.
Performance Breakdown of the Fidelity Pacific Basin Fund (FPBFX)
In terms of NAV (net asset value), the Fidelity Pacific Basin Fund (FPBFX) was the best-performing fund among the nine we’ll be looking at in this series.
Meet the Fidelity Pacific Basin Fund (FPBFX)
The Fidelity Pacific Basin Fund (FPBFX) aims to invest 80% of its net assets in the common stocks of “Pacific Basin issuers and other investments.”
Cognizant Acquired KBACE Technologies to Expand Cloud Services
Cognizant believes this acquisition will strengthen and expand its digital capabilities as firms are now moving critical business applications to cloud-based IT infrastructures.
How Cognizant Hopes to Increase Market Share in 2016
Cognizant’s (CTSH) revenues in 2015 rose by an impressive 21% to $12.4 billion from $10.3 billion in 2014.
Cognizant Provides a Weak Outlook despite Strong 4Q15 Performance
On February 8, 2016, Cognizant (CTSH) reported 4Q15 revenues of $3.2 billion, an increase of 17.9% YoY and 1.4% quarter-over-quarter.
Wipro, Oh No: Stock Has Traded Below Moving Averages in 2016
India’s (INDA) tech giant Wipro (WIT) generated investor returns of -7.5% in the trailing-12-month period and -7.7% in the trailing-one-month period.
Infosys Revenues by Segment: Financial Services Take the Lead
Revenues from the financial services segment of the India-based (EPI) Infosys (INFY) were $663 million in fiscal 3Q16. This is 27.5% of total revenues.
Infosys Is Trading below Moving Averages in 2016—So Far
India’s leading IT services company, Infosys, generated investor returns of -3% in the trailing-12-month period and 0.12% in the trailing-one-month period.
Societe Generale Raises Rating for Infosys, Zachs Downgrades
Societe Generale raised its rating of Infosys from “sell” to “hold” in September. Susquehanna gave the firm a rating of “neutral.”
How Ebix Could Thwart CSC’s Plans to Acquire Xchanging
CSC still has to wait to move on the Xchanging deal, as the takeover panel granted Ebix (EBIX), one of the bidders, more time to finalize its offer on December 10, 2015.
Reading IBM’s Latest Analyst Recommendations
As of December 8, 2015, IBM had generated returns of -15.3% in the TTM period and 2.0% in the trailing one-month period.
What Are Analyst Recommendations for IBM?
Of the 27 analysts covering IBM (IBM), six have a “buy” recommendation, nine have a “sell” recommendation, and 15 have a “hold” recommendation.
What Caused Cognizant’s Shares to Rise 30% to Date in 2015?
Cognizant’s strong revenue growth, stable financial position with reasonable debt, and growth in EPS caused its stock price to rise in 2015.
Healthcare Boosted Cognizant’s Revenue in 3Q15
Cognizant’s Healthcare segment grew more than 43.3% to $939.2 million in 3Q15 due to TriZetto. It expanded the company’s offerings in the healthcare space.
How Does Syntel Compare to Its Peers?
The SPDR Russell 2000 Low Volatility ETF (SMLV) invests 1.4% of its holdings in Syntel.
Infosys’ Income and Revenue Rose in 2Q16
Infosys Limited-ADR (INFY) has a market cap of $38.4 billion. Infosys’ YTD (year-to-date) price movement was a mix of ups and downs in 2015.
Science Applications Declares a Share Buyback Program
Science Applications International (SAIC) declared a quarterly dividend of $0.31 per share and approved the repurchase of up to 3.5 million shares.
Accenture Sees High Return on Equity in 2Q15
Accenture’s interest coverage ratio looks comfortable, due to low debt levels and to the fact that its operating margin has been expanding steadily.
Cognizant Tops Peers Like Accenture in Revenue Growth per Share over Past 12 Months
In the past 12 months, Accenture’s revenue growth per share has increased by 7.8%, while Cognizant’s has increased by 17.6%.
Accenture’s Recent 3Q15 Earnings Report Reveals Flat YoY Revenues
Accenture reported 3Q15 revenues of ~$8.28 billion, compared to $8.24 billion in 3Q14. Its gross profits for 3Q15 were $2.52 billion, a 0.43% YoY decline.
Introducing Accenture, the Largest Global IT Consulting Firm in Revenues
Accenture is one of the world’s largest multinational technology services, management consulting, and outsourcing companies and is headquartered in Dublin.
Maverick Capital Sells Position in Cognizant Technology Solutions
In February 2015, Cognizant Technology Solutions announced its 4Q14 results and reported revenues of $2.74 billion, up 16.4% from $2.36 billion in 4Q13.
Highlights of Maverick Capital’s Top Sold-Out Positions
Founded in October 1993 by Lee S. Ainslie III and Sam Wyly with assets of $38 million, Maverick Capital is currently worth more than $6 billion.
Will CSC’s Aggressive Cost Cuts Help in the Long Run?
CSC delivered cost savings of $115 million in 3Q15 and $310 million YTD. CSC expects to deliver cost takeout benefits of $450 million–$500 million in 2015.
Why JANA Partners Considers CSC To Be Undervalued
JANA Partners declared its increased stake in CSC, believing that the company is undervalued. JANA wants CSC to look for strategic alternatives.
Eminence Capital exits its position in Ralph Lauren
Eminence Capital sold its position in Ralph Lauren (RL) during 3Q14. The stock accounted for 1.35% of the fund’s 2Q14 portfolio. Net revenues for 2Q15 increased 4% to $2 billion.
Eminence Capital ups stake in TIBCO Software Inc.
Eminence Capital increased its position in TIBCO Software (TIBX) during 3Q14. The stock accounts for 3.08% of the total portfolio—up from 1.76% of the fund’s 2Q14 portfolio.
Eminence Capital initiates position in Zimmer Holdings Inc.
Eminence Capital started a position in Zimmer Holdings (ZMH) during 3Q14. The position accounts for 1.09% of the fund’s 3Q14 portfolio.
Eminence Capital starts position in Cognizant Tech Solutions
Eminence Capital started a position in Cognizant Technology Solutions (CTSH) during 3Q14. The position accounts for 1.13% of the fund’s 3Q14 portfolio.
Eminence Capital’s new position in McDonald’s
Eminence Capital started a position in McDonald’s (MCD) during 3Q14. The position accounts for 1.49% of the fund’s 3Q14 portfolio.
Eminence Capital initiates new position in Apple
Eminence Capital initiated a position in Apple (AAPL) during 3Q14. The position accounts for 1.58% of the fund’s 3Q14 portfolio. AAPL is based in Cupertino, California.
Eminence Capital starts new position in GNC Holdings
Eminence Capital initiated a position in GNC Holdings during 3Q14. The position accounts for 2.40% of the fund’s 3Q14 portfolio. GNC is headquartered in Pittsburgh, Pennsylvania.
Farallon Capital starts new position in Cognizant Tech Solutions
During the third quarter, Farallon Capital Management initiated a position in Cognizant Technology Solutions (CTSH). The position accounted for 2.06% of the fund’s 3Q14 portfolio.
Farallon Capital initiates position in Tim Hortons
Farallon Capital Management started a new position in Tim Hortons Inc. (THI) during the third quarter of 2014. The position accounted for 2.62% of the fund’s 3Q14 portfolio.
Salesforce.com launches newest cloud platform, Wave
Wave enables companies to link data from different business departments to the Salesforce.com system and analyze that data visually via the Internet.
Why Global Financing is key to IBM’s operating segments
The Global Financing segment, or GFS, is the financing division of IBM Corp. (IBM). It assists potential clients by providing financing facilities.
Why did Tudor start position in Infosys?
Paul Tudor Jones II in 1982 founded Tudor Investment Corporation, which is today a leading asset management firm headquartered in Greenwich, Connecticut. The Tudor Group, consisting of Tudor Investment Corporation and its affiliates, is involved in active trading, investing and research in assets across fixed income, currencies, equities and commodities asset classes and related derivative […]
Bridgewater Associates buys HPQ, RL, and GE and sells TSO, BEN, and CTSH—13F Flash F
Bridgewater Associates is an investment management firm founded by Ray Dalio in 1975 and based in Westport, Connecticut. Why sell Cognizant Tech Solutions (CTSH)?
Bridgewater Associates buys HPQ, RL, and GE and sells TSO, BEN, and CTSH—13F Flash D
Bridgewater Associates is an investment management firm founded by Ray Dalio in 1975 and based in Westport, Connecticut. Why sell Tesoro Corp. (TSO)?
Bridgewater Associates buys HPQ, RL, and GE and sells TSO, BEN, and CTSH—13F Flash C
Bridgewater Associates is an investment management firm founded by Ray Dalio in 1975 and based in Westport, Connecticut. Why buy General Electric Co. (GE)?